Karachi, September 30, 2024 – The foreign exchange market in Pakistan has opened with the latest currency rates for Monday, reflecting the start of trading activity across the country. The rates provided are for the open market, showing both the buying and selling prices of major international currencies in comparison to the Pakistani Rupee (PKR).
The US Dollar (USD) currency, which is one of the most closely watched currencies in Pakistan, is being bought at PKR 278.50 and sold at PKR 280. This slight difference between buying and selling rates is typical, allowing currency exchange operators a margin for profit. Similarly, the Euro (EUR) has opened with a buying rate of PKR 308.55 and a selling rate of PKR 311.30, indicating its continued strength in the international market.
Among the Gulf currencies, the Kuwaiti Dinar (KWD) currency remains one of the most valuable, with a buying rate of PKR 898.65 and a selling rate of PKR 908.15. The Saudi Riyal (SAR), which is heavily traded due to the large number of Pakistani expatriates working in Saudi Arabia, is being bought at PKR 73.75 and sold at PKR 74.30. Similarly, the United Arab Emirates Dirham (AED) is trading with a buying rate of PKR 75.45 and a selling rate of PKR 76.10, reflecting its consistent demand.
The British Pound Sterling (GBP) continues to perform robustly, being bought at PKR 369.85 and sold at PKR 373.35, while the Canadian Dollar (CAD) is available at PKR 206.60 for buying and PKR 209 for selling. The Australian Dollar (AUD) stands at a buying price of PKR 191 and selling price of PKR 193.25.
Asian currencies like the Chinese Yuan (CNY) are being traded at PKR 39.60 for buying and PKR 40 for selling. The Indian Rupee (INR), a neighboring currency, has a buying rate of PKR 3.34 and a selling rate of PKR 3.45.
In addition to these, the Swiss Franc (CHF) is available at PKR 325.45 for buying and PKR 328.25 for selling, while the Japanese Yen (JPY) is being traded at PKR 1.92 for buying and PKR 1.98 for selling. The Malaysian Ringgit (MYR) is also part of today’s exchange rates, trading at PKR 63.65 for buying and PKR 64.25 for selling.
These currency rates reflect ongoing global economic conditions and the exchange trends in Pakistan’s open market. Traders and consumers alike will keep an eye on any fluctuations as the day progresses.
